2009-03-17 : Crime costing SA victims billions

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2009-03-17 : Crime costing SA victims billions

Postby GOSA » Wed, 2009-04-15 13:29

http://www.iol.co.za/index.php?set_id=1 ... 512C739974

Crime costing SA victims billions

March 17 2009 at 02:30PM

The four highest earning crimes in South Africa are costing victims an
estimate of R110,5-billion a year, an expert at the Institute for Security
Studies said on Tuesday.

Speaking at the Annual Border Management Conference, Charles Goredema,
program head of the organised crime and money laundering program at the
ISS, said the four crimes in SA which contributed the most toward criminal
activity were drug trafficking, smuggling, financial and predatory crime.

He estimated that financial crimes "earned" the most with total gains of
R80-billion to R90-billion a year, drug trafficking and smuggling of goods
about R10-billion each while predatory crimes such as robbery, house
breaking and theft cost victims about R500-million a year.

"It's not an academic calculation, that's just a rough estimate," Goredema

Using the latest SA Police Service crime figures, he took the average of
the highest and the smallest amount of money gained by criminals in a
specific category of crime and multiplied the amounts by the number of
crimes during the year.

"In 2009 I will make a much more detailed calculation because I will get
the actual figures," he said. - Sapa
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